Is Salazar Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Salazar Resources Ltd (SRL.V) is currently classified as NOT HALAL as of May 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Salazar Resources Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Salazar Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Salazar Resources Ltd?

Muslim investors may consider investing in Salazar Resources Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Salazar Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Salazar Resources Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Salazar Resources Ltd updated?

The Shariah compliance status of Salazar Resources Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Salazar Resources Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Salazar Resources Ltd?

You can check the latest Shariah compliance status of Salazar Resources Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SRL.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 02, 2025

Report Source: 2024 Annual Report

Salazar Resources Ltd. Stock Analysis SRL.V

Canada Materials Nano Cap Report: 2024 Annual

Salazar Resources Ltd. engages in the acquisition, exploration, and development of mineral properties. The firm has a portfolio of exploration assets and aims to advance discoveries while farming out non-core projects. The company has carried interests in three projects: Curipamba (25% stake carried to production), Pijili, and Santiago (20% stake, with plans to acquire the remainder from Silvercorp). The Curipamba Project, also known as the El Domo deposit, is located near Las Naves in Bolivar and Los Rios provinces, Ecuador. The Pijili Project is located in Azuay Province, Ecuador, within the Santa Isabel and Ponce Enriquez jurisdictions. The project covers an area of 3,894 hectares (ha). Santiago consists of a single concession, which totals 2,350 hectares and is located approximately 37 kilometers (km) north of the city of Loja in Loja province in south-central Ecuador.

Key Statistics of Salazar Resources Ltd (SRL.V)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD0.23CAD0.26

Today's Open

CAD0.24

Volume

218.00K

P/E Ratio (TTM)

52 Week Range

CAD0.12CAD0.27

Market Cap

55.55M

Avg. Volume

122.78K

Dividend Yield

Financial Metrics & Statements of Salazar Resources Ltd (SRL.V)

FAQ's for Salazar Resources Ltd (SRL.V)

According to Musaffa’s Shariah screening methodology, Salazar Resources Ltd (SRL.V) is currently classified as NOT HALAL as of May 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.